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Dollar drops against yen but broadly stable after last week’s decline

By Kevin Buckland and Sruthi Shankar TOKYO (Reuters) - The dollar fell to a three-week low against the yen on Monday but halted its recent slide against most other currencies as investors weighed the

Markets extend winning momentum on US Fed rate cut hopes; Sensex rallies 600 pts

Mumbai, Aug 26 (PTI) Stock market benchmark indices Sensex and Nifty surged nearly 1 per cent on Monday, propelled by intense buying in metal,...

Report on high unemployment among Indian youth missing from its website, ILO says ‘technical glitch’

The India Employment Report 2024, released in March this year, had painted a dire picture of India’s labour landscape, reportedly to the displeasure of the Indian govt.

Paytm says no new SEBI notice, already disclosed in its annual financial results

New Delhi , August 26 (ANI): One97 Communications, the parent entity that operates the brand Paytm, stated on Monday, as part of its stock...

Sensex, Nifty inching towards fresh highs driven by rally in US, fresh FPI buying

Mumbai (Maharashtra) , August 26 (ANI): Indian stock market indices Sensex and Nifty were seen inching towards their fresh lifetime highs on the first...

RBI to launch ULI for frictionless flow of credit to small, rural borrowers

Bengaluru, Aug 26 (PTI) Buoyed by the success of digitalisation of financial services, the Reserve Bank will be launching Unified Lending Interface (ULI), a...

At ministerial roundtable, India-Singapore discuss co-operation in emerging, futuristic areas

New Delhi , August 26 (ANI): The second India-Singapore Ministerial Roundtable was held on Monday in Singapore, where leaders from both countries discussed and...

Sensex rises by 612 points, Nifty crosses 25,000

Mumbai (Maharashtra) , August 26 (ANI): Indian stock market indices Sensex and Nifty were seen inching towards their fresh lifetime highs on the first...

Stocks stutter, oil jumps on Mideast escalation worries

By Dhara Ranasinghe and Wayne Cole LONDON (Reuters) -World stock markets turned cautious on Monday as optimism that U.S. interest rates are coming soon was tempered by concern over increased tensions

Oil up 2% on Libya shutdowns, Mideast escalation fears

By Robert Harvey LONDON (Reuters) -Oil prices rose 2% on Monday on news of fresh production outages in Libya, adding to earlier gains on concerns that an escalating Gaza conflict could disrupt

On Camera

Tirupati controversy shows temples can’t run as public sector units. They must be privatised

A private temple could make crores by selling better laddus and investing in goshalas and captive production units to control quality.

After a brief surge, private investment & hiring has again turned cautious. Focus is on cutting debt

Financial year 2022-23 saw private investments & hiring surge, but since then firms are using cash to reduce debt. General elections didn’t help matters, either.

Indian envoy in Oman dons Army combat print for photo ops, sparks controversy

Ambassador Amit Narang wore combat uniform at closing ceremony of India-Oman joint military exercise. Only serving personnel can wear service uniforms, say veterans.

Islam doesn’t kill democracy. The army-Islam combo does

How come Indonesia, Malaysia, Turkey and Sri Lanka remain constitutional, democratic and stable despite Islam and Buddhism respectively, but Pakistan, Bangladesh and Myanmar don’t?